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Excel might also show the #NUM! error when: 1  A formula uses a function that iterates, such as IRR or RATE, and it canât find a result. To fix this, change the number of times Excel iterates formulas: Click File > Options. 2  A formula results in a number thatâs too large or too small to be shown in Excel.
Here is a very simple explanation of each parameter: 1  array-this is a range of cells that you want to return a value from. 2  row_num-the row number in array from which you want to return a value. 3  If omitted, the column_num is required. 4  column_num-the column number in array from which you want to return a value. The values in the lookup array must be sorted in ascending order, i.e. from smallest to largest. 2  0 - finds the first value that is exactly equal to the lookup value. 3  In the INDEX / MATCH combination, you almost always need the exact match, so the third argument of your MATCH function is 0.